Domestic asset management companies (AMC) have launched around 60 new fund offers (NFOs) in the last six months and mobilised around Rs 27,000 crore. Fund houses are rushing to launch new funds amid buoyancy in the equities market.
The ongoing consolidation in equities would improve return prospects during the second half of 2021, an American brokerage said on Tuesday. Leading indicators relating to fundamentals including growth, stability, government policy and RBI policy, and corporate earnings are "generally positive" about equity returns, analysts at Morgan Stanley said. It can be noted that since the start of the second wave of COVID-19 infections, which also coincided with inflation worries in the US, there has been an uneasiness within investors. From its levels on March 10, the markets are down by nearly 3 per cent despite the late surge over the last two trading sessions.
Monetary policy stance to depend on inflation data
The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.
IMAGES from the 1st ODI between Australia and India played at the Sydney Cricket Ground on Friday
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
Images from the first Twenty20 International between India and Australia, in Canberra, on Friday.
Baba Ramdev-led Patanjali Ayurved Ltd will sell its food retail business to group firm Ruchi Soya Industries Ltd for Rs 690 crore as part of its strategy to focus on non-food, traditional medicine and wellness business.
Das saw off a tough challenge from Chinese Taipei's Deng Yu-Cheng earlier in the day.
Words and actions like those of R N Ravi and a vocal section of the state BJP have only added to Tamil fears and suspicions, points out N Sathiya Moorthy.
Deployed at 15,632 feet, Captain Shiva Chauhan, 25, highlights the calibre of the Indian Army's women officers.
Gains were led by Tata Motors amid robust sales in June along with select financials.
By virtue of this show, Sahara Force India collected six points from the race and consolidate its fourth position at the Constructor's standings with 101 points.
The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.
He was among the key plotters of England's historic 2012 Test triumph in India and former coach Andy Flower sees no reason why an encore is not possible this year as he believes the visitors have enough 'formidable players' to challenge the upbeat hosts.
Smaller stocks have continued to give higher returns to equity investors so far this fiscal, significantly outperforming bigger peers on indices. The BSE smallcap index has zoomed 7,333.47 points or 35.51 per cent, while midcap index has jumped 5,096.41 points or 25.25 per cent so far this fiscal. In comparison, the 30-share BSE benchmark Sensex has gained 9,797.78 points or 19.78 per cent.
A series of questionable race control calls were made as Max Verstappen won his first F1 title.
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay. However, Zomato's listing has quashed these notions.
Many big Bollywood's big movies have been pushed forward to 2021, thanks to the COVID-19 pandemic and lockdown. Among them are quite a few bio-pics.
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
Images from ICC women's T20 World Cup match between India and Bangladesh, in Perth, on Monday.
Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.
The fundamental debate remains where you stand on the long-term growth question. That is what every investor must monitor and come to their own conclusions, suggests Akash Prakash.
If a recent poll in China is to be believed, 90 per cent of the Chinese think that India poses the biggest threat to its existence.
In ITC, LIC has invested Rs 38,358.66 crore, according to Capitaline data.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Gandhi said he has "received tremendous love and affection from people of Tamil Nadu and it is my duty to stand with people of Tamil Nadu and protect their history, their culture and their language."
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
An ardent fan of F1 driver, Max Verstappen, Yuvraj keenly follows the Scuderia Ferrari Formula1 team.
Year after year, Malayalam cinema throws stunning surprises at us. 2022 was no exception.
'It's very helpful when I sit with Rohit Bhai when he comes to my room for conversation. So, I know that he believes in me and the coach believes in me and I just go there to perform.'
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
'There is a discomfort among many of us at the fact that the Republic is not more Hindu than it could or should be.' 'This discomfort is producing laws such as the one we now have in Gujarat,' says Aakar Patel.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
It is not just a sport. For Indians, it is a matter of pride.
With his appointment as AG, the many constitutional law matters that are pending before the Supreme Court will receive specialised attention.
Many retail investors, who are experiencing their first bear market, are shocked at the erosion in the value of their mutual fund (MF) portfolios. The pain is especially acute for those who had taken excessive exposure to sector/thematic and small-cap funds. Even international diversification has failed to stanch the bleed in this downturn.
There are overvaluation and excesses in many pockets of the market. This is most obvious in the IPO market, where loss-making companies have inflicted large losses on investors, observes Debashis Basu.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions